Damac Properties, a leading luxury real estate developer in the UAE, said it has obtained Sharia-compliant certification for its shares from Dar Al Sharia Islamic Finance Consultancy for purposes of investment and trading.
This fo

Tech giant Samsung Electronics said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses.
Samsung said in a statement i

Asian shares wallowed near six-week lows on Wednesday, bruised by a fall in oil prices on renewed worries about a supply glut and as investors grew nervous about the diminishing capacity of the world's major central banks to shore up economi

Orascom Construction, a leading player in the region, said its board of directors has approved a proposal to buy back up to one million shares, the company said.
"The company proposes to purchase ordinary shares through an of

Barclays loaned Qatari investors $3 billion to help finance an emergency fundraising at the height of the credit crisis in 2008, court documents filed in London on Thursday allege.
The case brought by Amanda Staveley's PCP Cap

Saudi Arabia will permit foreign institutional investors to buy shares directly in initial public offers, a move that could help the government sell billions of dollars' worth of stakes in state companies including oil giant Saudi Aramco.

Asian stocks retreated on Friday as traders took profits from shares close to one-year highs, while the dollar edged up from a near eight-week low after some Federal Reserve officials reiterated the case for raising interest rates in coming mont

European stock markets fell on Friday, with the shares of travel and leisure companies dropping after an attack in the French city of Nice that killed more than 80 people.
A gunman at the wheel of a heavy truck ploughed into a cro

European stock markets fell on Friday, with the shares of travel and leisure companies dropping after an attack in the French city of Nice that killed more than 80 people.
A gunman at the wheel of a heavy truck ploughed into a cro

Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner, the chairman of India's biggest shipping company said on Tuesday.